if you install vc-wiiware wads with a wad manager, they will be on the system menu. You can move them to the sd card and play them there, but you will need to install a patched IOS to play them there. patched 60 for 4.1, patched 70 for 4.2, and patched 80 for 4.3. Use modmii to get them.

can you move vc/wiiware that was installed via wad manager to the sd card or they can only be stored in system memory?

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Yes, you can. Though, you need the Trucha-Bug in your Systemmenu IOS.

@OP: This question has been asked at least for about the fourth time, please use the search, thank you. Answer: No, you can't. If you need more Space, and don't want to reduce the lifespan of your NAND by using the official Ninty-Method, use Triiforce, or SNEEK/UNEEK. Have a look at ModMii, it should help you to set one of these up.